27 Wyle Cop, Shrewsbury, SY1 1XB
Size
1,810
Tenure
Freehold
EPC
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Parking
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- Primary use
- Mixed use
Key features
- Located on Wyle Cop, reputedly the largest run of independent shops in the UK.
- Split into a Ground Floor retail unit with extensive cellar storage and three flats above accessed through separate entrance off Wyle Cop.
- The Ground Floor is occupied by renowned wine merchants Tanners Wines Ltd (CRN 10172469) t/a Tanners Wine Merchants.
- Available at of £315,000 with a current annual rent of £21,700 reflecting a Gross Initial Yield of 6.9% rising to 8.4% when fully let.
- Further management opportunities, subject to planning.
Description
The property comprises a ground floor retail shop with a cellar and rear enclosed courtyard. Via a separate access to the right hand side of the shop is the communal entrance to three additional floors currently divided into three flats. The front of the premises forms part of the Grade II Listed building featuring a traditional fully glazed shopfront and a timber façade under a pitched tiled roof.
Location
27 Wyle Cop occupies a prominent position at the bottom of Wyle Cop, on the right hand side as you approach from English Bridge. Specifically the subject property and the wider Tanners Buildings are located adjacent to the town’s NPC Car park and so enjoy excellent footfall to and from the town centre.
Wyle Cop is reputedly the longest run of independent retailers in the UK and provides a major tourist draw for Shrewsbury. It begins on the ‘town’ side of English Bridge and extends into the town centre where it merges with the High Street.
Shrewsbury is the county town of Shropshire being located approximately 48 miles North-West of Birmingham, 43 miles South of Chester, and 17 miles West of Telford. The town benefits from excellent transport links with arterial roads leading from the A5 (T) to the M54 motorway and on towards the M6 and the rest of the country’s national motorway network. The Town is also located off the A49 Hereford to Cheshire trunk
road and at the beginning of the A458 to mid-Wales. There are also direct rail services to London Euston (approximately 2 hours 41 minutes) and also to Birmingham, Manchester and Cardiff.
Shrewsbury has a resident urban population of approximately 80,000 people with a County-wide population in excess of 325,000.
Shrewsbury and Retail:
In 2024, Shrewsbury was named number one in the Telegraph’s list of UK’s best high streets. Shrewsbury Market Hall has also been voted ‘Britain’s Favourite Market’ for an "unprecedented” third year running and a record 4th time at the 2025 Great British Market awards. The town is also home to Wyle Cop which is reputedly the longest uninterrupted run of independent traders in the Country. Given such accolades, it is hardly surprising that Shrewsbury’s High Street attracted record footfall numbers in December 2024 with more than £135million spent by visitors to it’s town centre shops and businesses, outperforming GB benchmarks
- Service charge
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- Business rates
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- Use class
- E
- Listed building
- No
- Floors in building
- 1
- Business for sale
- No
An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirements- BREEAM rating
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- Environmental description
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About Cooper Green Pooks, Shrewsbury
BUSINESS SPACE - As commercial property agents, we can offer informed advice on all aspects of office and industrial properties. Whether representing landlords, tenants or developers with regards to sales, lettings or advise, we are in tune with current demands in this fast moving sector.
RETAIL / LEISURE - We have extensive knowledge and experience of all types of retail units and leisure developments, whether in high street locations or secondary towns and pitches.
INVESTMENT - We provide institutions, property companies and private investors with a detailed insight into sales and purchases while keeping alert to every opportunity for adding value.
DEVELOPMENT - Developers and occupiers appreciate our creative and flexible approach to site acquisition and disposal. We work closely with national agency and investment colleagues.
If you'd like to discuss any commercial property related matters or to arrange an informal valuation please contact a member of the commercial team today on 01743 276666 or cjp@cgpooks.co.uk
VALUATION
We offer a comprehensive valuation service to a wide range of clients throughout Shropshire and the Welsh Borders. In addition, we are able to offer national coverage for specialised property and/or specific clients.
We have expert knowledge of the wider Shropshire area based on long experience of the market in retail shops, office, industrial, investment and leisure uses, development land and specialist animal welfare premises.
Clients include banks, building societies, charities, executors, administrators/liquidators, property companies, pension funds and private individuals.
Commercial property valuations are undertaken for bank lending, acquisition, asset, matrimonial, probate, disposal or taxation purposes.
If you'd like to arrange a professional valuation please contact a member of the commercial team today on 01743 276666 or tcp@cgpooks.co.uk
RENT REVIEWS AND LEASE RENEWALS
We provide expert advice on rent reviews and lease renewals on industrial, office, retail property and more specialist commercial property. We can help you obtain the best rental settlements, negotiate new leases or secure improvements to existing ones. We can provide advice on lease surrenders and other 'exit routes'.
We will also proceed to arbitration where required. A major strength is our detailed knowledge of the Shropshire, Midlands and North Wales marketplace. This gives clients the reassurance that we are in tune with current trends and market levels.
If you'd like to discuss your commercial property requirements and how we can help please contact a member of the commercial team today on 01743 276666 or cjp@cgpooks.co.uk
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Disclaimer - Property reference 210932-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Cooper Green Pooks, Shrewsbury. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.